Varma

Balance sheet
ParentParent
CompanyCompanyGroupGroup
31 Dec, € millionNotes2013201220132012
ASSETS
Intangible assets
Other expenses with long-term effects1722.132.122.132.1
Investments
Real-estate
Real estate and real estate shares142,017.82,126.12,872.83,065.2
Loans to Group companies14949.31,029.6
2,967.13,155.72,872.83,065.2
Investments in Group companies
Shares and participations in Group companies12134.34.30.80.7
Shares and participations in associates1213248.5185.5301.1217.3
252.7189.7301.9218.0
Other investments
Shares and participations1615,374.612,547.415,390.712,562.5
Money-market instruments9,911.510,277.29,911.510,277.2
Loans guaranteed by mortgages362.6439.5362.6439.5
Other loan receivables181,599.71,935.81,599.71,935.8
27,248.325,199.927,264.525,214.9
30,468.228,545.330,439.128,498.1
Receivables
Direct insurance operations
Policyholders179.6153.1179.6153.1
Other receivables
Other receivables396.7630.5412.7632.9
576.3783.6592.3786.1
Other assets
Tangible assets
Equipment172.73.42.73.4
Other tangible assets170.90.90.90.9
3.64.33.64.3
Cash at bank and in hand620.1717.9606.5717.9
623.7722.2610.1722.2
Prepayments and accrued income
Accrued interest and rent140.4157.5141.4158.6
Other prepayments and accrued income20.721.120.921.2
161.2178.5162.3179.8
TOTAL ASSETS31,851.430,261.831,825.930,218.3
ParentParent
CompanyCompanyGroupGroup
31 Dec, € million2013201220132012
LIABILITIES
Capital and reserves
Guarantee capital11.911.911.911.9
Other reserves84.580.884.580.8
Profit/loss brought forward0.40.3-53.7-50.2
Profit for the financial year5.24.323.60.9
26102.097.466.443.4
Minority interest14.114.1
Technical provisions
Provision for unearned premiums2317,028.016,250.517,028.016,250.5
Provision for claims outstanding2314,371.213,516.214,371.213,516.2
31,399.129,766.631,399.129,766.6
Liabilities
Direct insurance operations9.98.39.98.3
Other liabilities321.1369.3316.8365.7
331.0377.6326.7374.0
Accruals and deferred income19.320.119.520.2
TOTAL LIABILITIES31,851.430,261.831,825.930,218.3